Green Thumb Industries (GTBIF) Debt Ratio (2019 - 2026)

Green Thumb Industries (GTBIF) reported Debt Ratio of 0.09 for Q1 2026, up 69.58% on a YoY basis from 0.06 in Q1 2025, and up 15.92% quarter-over-quarter from 0.08 in Q4 2025.

Green Thumb Industries (GTBIF) Debt Ratio (2019 - 2026) Analysis & Trends

Green Thumb Industries has reported Debt Ratio for 8 years, with the latest figure at 0.09 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 69.58% year-over-year to 0.09; the trailing twelve-month figure through Mar 2026 stood at 0.09 (up 69.58% YoY), and the FY2025 full-year result was 0.08, down 15.24% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.09, up from 0.08 in the prior quarter.
  • The five-year high for Debt Ratio was 0.12 in Q4 2023, with the low at 0.03 in Q2 2024.
  • Historically, Debt Ratio has averaged 0.1 across 5 years, with a median of 0.11 in 2022.
  • Annual changes were most pronounced in 2024 — Debt Ratio slumped 71.76% — and 2025, when it jumped 182.94%.
  • Green Thumb Industries' Debt Ratio stood at 0.12 in 2022, then increased by 4.39% to 0.12 in 2023, then retreated by 21.97% to 0.1 in 2024, then decreased by 15.24% to 0.08 in 2025, then increased by 15.92% to 0.09 in 2026.
  • The last three Debt Ratio figures came in at 0.09 (Q1 2026), 0.08 (Q4 2025), and 0.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 0.42
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 0.60
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn -
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 0.01
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn -
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 0.30
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 0.35
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 0.24
10 Green Thumb Industries - - 143.65 Mn 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 0.08
Sep 30, 2025 0.09
Jun 30, 2025 0.09
Mar 31, 2025 0.06
Dec 31, 2024 0.10
Sep 30, 2024 0.10
Jun 30, 2024 0.03
Mar 31, 2024 0.12
Dec 31, 2023 0.12
Sep 30, 2023 0.12
Jun 30, 2023 0.11
Mar 31, 2023 0.12
Dec 31, 2022 0.12
Sep 30, 2022 0.11
Jun 30, 2022 0.11
Mar 31, 2022 0.11
Dec 31, 2021 0.12
Sep 30, 2021 0.13
Jun 30, 2021 0.12